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Not all housing is equal

Last weekend I read Matt Yglesias's concise 76-page critique of housing policy, The Rent is Too Damn High. I agreed with pretty much everything he says, and I think everybody who's interested in these issues should read it. I want to pick up on a couple of the points Yglesias made, but then to go in a different direction. Yglesias is mostly talking about the average price of housing relati
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